Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODNOK
The long term trend has been DOWN since Jan 17th, 2018 at 11.08615
The intermediate term trend has been DOWN since Dec 29th, 2017 at 11.58255
The short term trend has been DOWN since Jan 10th, 2018 at 11.34105
Smart Scan Analysis for JODNOK
Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).